Common use of Proceeds Used For Current Refunding Clause in Contracts

Proceeds Used For Current Refunding. Proceeds of the Bonds will be used to pay principal of and interest on the Refunded Obligations. All such proceeds shall be spent not later than 90 days after the Issue Date.

Appears in 1 contract

Sources: Tax Compliance Agreement

Proceeds Used For Current Refunding. Proceeds of the Bonds Note will be used to pay principal of and interest on the Refunded ObligationsBond. All such proceeds shall be spent not later than 90 days after the Issue Date.

Appears in 1 contract

Sources: Tax Compliance Agreement

Proceeds Used For Current Refunding. Proceeds of the Bonds will be used to pay principal of and interest on the Refunded Obligations. All such proceeds shall be spent not later than 90 days after the Issue Date.

Appears in 1 contract

Sources: Supplemental Financing Agreement